London: Men might think they hold the purse strings but it is actually women who control the family finances and make the biggest decisio
ns on spending, according to a new UK study…article
Family finance: 9/10 UK women in control
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Women at the Top at HP Plead Not Guilty
A shareholder suit against HP was filed today, implicating Meg Whitman, the brilliant creator of eBAy and the CFO, Cathy Lesjak. Is HP quicksand for female executives? Article
Women should get more involved in financial decisions
Biggest Money Mistakes Men and Women Make
If you think men and women look at love and relationships differently, then the way they perceive and handle money is a galaxy apart.
Many partners who share a bank account may have vastly different approaches to money and financial planning for the future, and these differences can make for some notable mistakes made by both genders…article
Party Still Going on in the US?
The European Banking Federation sent a letter on Nov. 21 to EU Commissioner Michel Barnier, formally requesting a delay on the grounds that EU banks would be at a competitive disadvantage if they introduced the new rules before their U.S. counterparts. Article
Fight corruption in Bangladesh
In September the World Bank said it was concerned about corruption in Bangladesh, 
reiterating that it would not get new funding for a bridge project until a credible probe into corruption around the project was undertaken…Artikel
W-T-W team wants to express our deep condolence to the people in Bangladesh, where a fire killed 125 in a garment factory.
In praise of older women in Europe’s financial sector
Deutsche Bank turns to female executives to change its corporate culture and build trust in the 
industry..Artikle
Gender Row Over All Male ECB Board
The ECB now has a member on its highest board without a democratically established mandate,” said Sharon Bowles, a British Liberal Democrat member of the European Parliament who campaigned against Mr Mersch’s appointment on gender grounds. “Today the EU’s heads of state have sent a clear signal of what their idea of a democratic process is: a tool to be upheld in form and discarded when its truths are inconvenient,” she said. Article
Chinese Women Billionaires Choose Real Estate
Real estate has proven to be the key business for the most successful Chinese women. Wu Yajun, the wealthiest of this elite cohort, ranks number 5 on the China list with an estimated net worth of $6.2 billion. She chairs the board of Longfor Properties, which trades in Hong Kong. She owns about 75% of the company’s stock. Longfor develops a broad range of properties –including residential, office buildings, high-rise apartments and shopping malls. She joined the company in 1994 in Chongqing, where it was founded. It’s now headquartered in Beijing. Article
Can Business Schools Harness the Power of Video Games
All this is fascinating to management gurus, who come from a world in which people must usually be paid to undertake repetitive tasks. Games not only subvert that rule, they invert it completely: players will happily fork out good money for the privilege of being allowed to attempt arbitrary jobs. What if, say the gamifiers, it were possible to identify the “special sauce” responsible for this strange effect, extract it and then slather it onto business problems? Can the compulsive power of video games be harnessed to motivate workers? Article
Portfolio Manager A: Steven Cohen, Hedge Fund Titan?
The portfolio manager, Mathew Martoma, worked for an affiliate of Mr. Cohen’s SAC Capital Advisors L.P. and was accused in criminal and civil complaints of obtaining secret data while there from a former University of Michigan neurology professor who worked on a clinical trial for an Alzheimer’s drug. Mentioned in court papers, his boss, Portfolio Manager A. Will the big guys start coming down? Article
